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20121222
20121230
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massachusetts governor mitt romney. after first being declared the winner of iowa caucuses a ballot glitch was discovered and he had to share the win with rick santorum. even though romney went on to win decisive victories in key primary states eventually the republican nominee he emerged from the battle bruised. >> i don't see how a massachusetts liberal will do better. >> he is the worst republican in the country to put up against barack obama. >> reporter: romney's campaign saw several ups and downs but appearing confident and in command during the first debate romney threw president obama off his game with the president delivering a surprisingly shaky performance. >> the first debate sets the tone and can have the most impact. but, yeah, look this is a series. >> reporter: mr. obama regained his footing by the third and final debate and ultimately won re-election. >> the best is yet to come. >> reporter: 2012 also marked a milestone in implementation of president obama's health care law. in a 5-4 decision back in june the u.s. supreme court ruled the major crux of obamacare, the indivi
romney was talking about last year with the 47%. if the tax rates increase you all of a sudden have more people paying income taxes and you just have a broader, higher rate to play with. next year when they come back they can get rid of some of the duck -ts and what not and lower the rates and overall have a lot more money in the system to play with, a lot more options. they think they are better shape for tax reform if they come back next year with the rates having gone up. >> reporter: and by not allowing the president to just add nah see um raise the debt level, they have leverage, don't they? >> they believe so. and the president -- it's safe to say the president realizes that, because he's been insistent throughout that he won't deal with another debt level gamesmanship as he calls it from the last time around. he understands that republicans set a precedent last time when they said every one of these debt level increases has to be matched with real action, spending cuts and other ways to reduce the deficit, that is exactly the fight we are fashion. he doesn't want to have that. rep
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